The euro has been under pressure since the ECB late last month signalled additional easing. EUR/CHF price action is contained within the cloud and series of resistance caps upside.
EUR/CHF is currently trading at 1.0817, with strong resistance seen at 1.0850/55 (Tenkan & 21 DMA). Intraday recovery attempts in EUR/CHF are limited, pair could fall back to trendline support at 1.0787.
We recommend going short on rallies around 1.0830, placing stops at 1. 0870, TP: 1.0770
Resistance Levels:
R1: 1.0850 (Tenkan-Sen)
R2: 1.0855 (21 DMA)
R3: 1.0867 (Daily High Nov 4)
Support Levels:
S1: 1.0784 (30 DMA Lower Bollinger)
S2: 1.0782 (Daily Low Nov 4)
S3: 1.0761 (Daily Cloud Base)


Bitcoin Stuck in $66K–$67K Cage – Break $70K and $78K+ Becomes the Prize
FxWirePro: GBP/USD slips ahead of Manchester local election
FxWirePro: AUD/ USD edges up as Australian dollar gains on hawkish RBA outlook
FxWirePro: GBP/USD slides as UK political uncertainty weighs on pound
FxWirePro:EUR/AUD upside limited, scope for a dve through a key fibo
FxWirePro- Major Crypto levels and bias summary
FxWirePro:EUR/AUD neutral in the near-term, scope for downward resumption
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD downtrend loses steam but outlook still bearish
FxWirePro: GBP/AUD key support held, downside risk remains
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: GBP/AUD extends drop, vulnerable to more downside
FxWirePro: EUR/NZD recovers slightly but bears are not done yet
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD edges up, remains on front foot
FxWirePro: USD/JPY dips as yen gains after Tokyo CPI data
FxWirePro- Major Crypto levels and bias summary 



